SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Design and apply appropriate value management systems and techniques for an local economic development unit 
SAQA US ID UNIT STANDARD TITLE
110477  Design and apply appropriate value management systems and techniques for an local economic development unit 
ORIGINATOR
SGB Economics 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 6  Level TBA: Pre-2009 was L6  10 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for people who are, or who seek to be employed as the manager of a local economic development unit.

It introduces the learner to the concept of value management and draws from their local economic development experience to illustrate the concept. It also provides the learner with an opportunity to apply the concept to refine their project, financial and general management skills.

People credited with this Unit Standard are able to:
  • Identify possible value-creating resources in an local economic development unit
  • Conduct a cost-benefit analysis to determine what value the resources create and where and how they add value
  • Monitor and review the cost-benefit relationships on an on-going basis and manage performance to consistently achieve optimal value 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Communication at NQF Level 4
  • Mathematical Literacy at NQF Level 4
  • Computer Literacy at NQF Level 4 
    		•

    UNIT STANDARD RANGE 
  • Value management optimising the end value achieved from the inputs and processes agreed in the programme, project or business plan where value for money is one aspect
  • At least two LED Units of different sizes and challenges must be used
  • Numerical data includes rands and cents; work-hours; ratings on scales
  • Meaningful information includes ratios and/ or percentages
  • Resources include staff/ people; space; fixed assets; working capital
  • Performance management tools include timesheets; Gant charts; time lines; budget reports 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Identify possible value-creating resources in an local economic development Unit. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. The concept of value-creating resources is defined and illustrated with practical examples. 

    ASSESSMENT CRITERION 2 
    2. Various value-creating resources are listed and described for a specific local economic development Unit. 

    ASSESSMENT CRITERION 3 
    3. The non-financial valuation of these resources is expressed numerically with an identified measurement technique. 

    SPECIFIC OUTCOME 2 
    Conduct a cost-benefit analysis to determine what value the resources create. 
    OUTCOME NOTES 
    Conduct a cost-benefit analysis to determine what value the resources create and where and how they add value. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. The concept of a cost-benefit analysis is defined and illustrated with practical examples. 

    ASSESSMENT CRITERION 2 
    2. The value-creating resources in a specific local economic development Unit are listed and assigned their particular costs. 

    ASSESSMENT CRITERION 3 
    3. The value created by these resources is quantified and allocated appropriately. 

    ASSESSMENT CRITERION 4 
    4. The quantified costs and value-add (i.e. benefit) are studied to provide meaningful information on resource use in the local economic development Unit. 

    SPECIFIC OUTCOME 3 
    Monitor and review the cost-benefit relationships on an on-going basis and manage performance. 
    OUTCOME NOTES 
    Monitor and review the cost-benefit relationships on an on-going basis and manage performance to consistently achieve optimal value. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. The cost-benefit relationship data is up-dated and re-evaluated on a regular basis. 

    ASSESSMENT CRITERION 2 
    2. Performance management tools are identified for each resource. 

    ASSESSMENT CRITERION 3 
    3. The appropriate performance management processes are implemented and their impact monitored through changes in the cost-benefit relationship data. 

    ASSESSMENT CRITERION 4 
    4. Corrective action needed to achieve optimal value is agreed with the relevant role players and the resultant development plan is reviewed and signed off on a regular basis as an integral part of the performance of the local economic development unit. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    1. Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
    2. Any institution offering learning that will enable achievement of this Unit Standard or will assess this Unit Standard must be accredited as a provider with the relevant ETQ, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
    3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.
    4. Anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Use of spreadsheet software
  • Performance management tools and processes
  • LED Unit resources and related numerical measurements
  • Financial management principles (including cost-management specifically) and their application 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made by, e.g.

    Up-dating and re-evaluating the cost-benefit relationship data on a regular basis according to assessment criterion 3.1:
  • The cost-benefit relationship data is up-dated and re-evaluated on a regular basis 
    		•

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization and community by, e.g.

    Identifying performance management tools for each resource according to assessment criterion 3.2
  • Performance management tools are identified for each resource

    Implementing the appropriate performance management processes and monitoring their impact through changes in the cost-benefit relationship data according to assessment criterion 3.3:
  • The appropriate performance management processes are implemented and their impact monitored through changes in the cost-benefit relationship data 
    		•

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organize and critically evaluate information by, e.g.

    Designing and applying appropriate value management systems and techniques for an local economic development Unit according to the assessment criteria for specific outcome 1, 2 and 3:
  • Identify possible value-creating resources in an local economic development Unit
  • Conduct a cost-benefit analysis to determine what value the resources create and where and how they add value
  • Monitor and review the cost-benefit relationships on an on-going basis and manage performance to consistently achieve optimal value 
    		•

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  36437   National Certificate: Local Economic Development  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  LG SETA 
    Elective  58246   Bachelor of Human Settlements Development  Level 6  Level TBA: Pre-2009 was L6  Passed the End Date -
    Status was "Reregistered"     		 2018-06-30   


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. 42020 VISION TRAINING AND CONSULTING (PTY) LTD 
    2. Abacwaningi Business Solutions 
    3. Abinet Training and Development 
    4. Abvaho Phanda Group 
    5. Afriwealth Consulting 
    6. Amangile Academy (Pty) Ltd 
    7. Amaqamu Project Management and Consulting 
    8. Amazibuko Business Solutions 
    9. Avenida (Pty) Ltd 
    10. Basiea Development And Training 
    11. Bulwa Minerals Pty Ltd 
    12. Bw Khuzwayo Consulting Cc 
    13. Camblish Training Institute (Pty) Ltd 
    14. Capricon Training Consultants cc 
    15. Carbon Black Electronics 
    16. CEDROS DEVELOPMENT AND PROJECTS 
    17. Centre For Municipal Research And Advice 
    18. Change Strategies Consulting Services Cc 
    19. Cymbol Consulting(Pty) Ltd. 
    20. DALUXOLO HUMAN CAPITAL DEVELOPMENT 
    21. DC Academy 
    22. Dean Institute Of Learning (Pty) Ltd 
    23. Development Bank Of Southern Africa (Dbsa) 
    24. DotCentre Business Consulting 
    25. E Mali Outsourcing Cc 
    26. Edutraining Business College 
    27. Ethembeni Multi Service Enterprise (Pty) Ltd 
    28. Execuprime Business College (Pty) Ltd 
    29. Express Model 405 
    30. Gauteng City College 
    31. Gauteng City Region Academy (GCRA) 
    32. Giamanje Tvet College 
    33. Gnl Consulting Services 
    34. GOBELA CONSULTING 
    35. Growth Management Consulting 
    36. Gwala Training Insitute 
    37. Hanyeleni Business Enterprise 
    38. Heavenly Button Trading Cc 
    39. Hlekabo Trading Enterprise 
    40. Iale School Of Advanced Learning Education 
    41. Imithente Development Holdings 
    42. Inkcubeko Yakwantu Trading 
    43. Inside Out Group 
    44. Institute Of Cooperatives And Community Economic Development 
    45. Inzalo Enterprise Management Systems (Pty) Ltd 
    46. Isiphephelo Consultants 
    47. Jeppe College of Commerce and Computer Studies 
    48. Jobafrik Consulting 
    49. Josmap Training Institute 
    50. K Boneng Consulting Services 
    51. K Shabangu Fet College 
    52. KALIDEEN MANAGEMENT SERVICES 
    53. KAREUBO MANAGEMENT SYSTEMS 
    54. Khatheo Trading And Projects (Pty) Ltd 
    55. KHOSITHI TRAINING 
    56. Khula Nonke Training & Development 
    57. Kia Chuma 
    58. Letlhokoa Management Services Cc 
    59. Lewerb Holdings (Pty) Ltd 
    60. Limsa Training Institute 
    61. Liyagubha Trading Pty Ltd 
    62. Lorrainee Trading Enterprise 
    63. Luminous Coaching And Wellness 
    64. Makaota Training Consultants 
    65. Mamuhle Academy 
    66. Manpower Skills Academy 
    67. Marematlou Training Institute 
    68. Masemase Consultancy Cc. 
    69. MASM Trading Enterprise (Pty) Ltd 
    70. Matepe Investments (Pty) Ltd 
    71. Mathaveiya Skills Enhancement 
    72. Mc Intosh Xaba And Associates (Mxa) 
    73. Meyiswa Training Academy 
    74. Mfanayashinga Pty Ltd 
    75. Mgwezane Training And Events Management Cc. 
    76. Microzone Training CC 
    77. Mml Consulting Cc. 
    78. Moeketsi Supply Chain 
    79. Mohlaje Solutions (Pty) Ltd 
    80. Mortarboard Training Solutions 
    81. Muhangwene Development Enterprise 
    82. Myeza Trading Enterprise 
    83. Ndotha General Trading 
    84. Nedtex73 
    85. Panafrican Supply Chain Academy 
    86. Pfim Trading (Pty) Ltd 
    87. Pma Holdings (Pty ) Ltd. 
    88. Progressive School Of Business And Engineering (Pty) 
    89. Ptdev (Pty) Ltd 
    90. Reflections Development Institute 
    91. Shirs Vision Compleadev (Pty) Ltd 
    92. Simangasentso Enterprise 
    93. Smartkip 
    94. South African Institute of Learning (SAIL) 
    95. South African Business and Technology Institute 
    96. Spectrium 
    97. Starplex 489 cc 
    98. Tachfin Holdings 
    99. Tembe Service Providers 
    100. Thinking Mind Trading 
    101. Thubelihle Graduate Institute 
    102. Thuto Lere Community Empowerment Programme 
    103. Training At Work (Pty) Ltd 
    104. Transafric Consulting Pty Ltd 
    105. Tshwane College of Commerce and Computer Studies 
    106. Umqondo Business College 
    107. University of Venda 
    108. Ursivox Interactive Systems 
    109. Vantage Training 
    110. Vicmat Consultants 
    111. Vumilia Africa Group 
    112. World Pace Development And Training Institute 
    113. Ya Hina Management Consulting And Projects 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.